SHREDIGCEMNSEShree Digvijay Cement Co.LtdMediumNeutral
Announced Sat, 14 Mar · 21:56 IST

Shree Digvijay Cement Co.Ltd has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.

Management Changes View source PDF

SHREDIGCEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹63.00
prior close
₹63.03
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-2.1-2.4-3.1-3.1-1.0-4.0-4.4-10.3-8.3+12.6+14.8+14.3+17.7
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AI summary

Shree Digvijay Cement Company Limited announced the results of a postal ballot conducted via remote e-voting from February 13, 2026 to March 14, 2026. The single ordinary resolution was to appoint Mr. Shitij Ramesh Kale (DIN: 08593079) as a Non-Executive & Non-Independent Director, nominated by the Promoter. Of 85,864 shareholders on record, 277 participated, with 99.87% of votes (94,774,558 shares) in favour and just 0.13% (125,438 shares) against. The promoter group, holding 80,131,631 shares, voted 100% in favour. The resolution was declared passed with the requisite majority by the scrutinizer, CS Manoj Hurkat.

Likely market impact

The appointment strengthens promoter representation on the board, with overwhelming shareholder approval (99.87%). This is a routine governance outcome and is unlikely to materially move the stock price, though it confirms continued promoter influence in board decisions.